Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Australia - 2024
Contents:
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Australia (CIF) - 2024
- Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Australia (FOB) - 2022
- Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Australia
- Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Australia
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Australia (CIF) - 2024
The average import price for vitamins; vitamin B2 and its derivatives, unmixeds stood at $50,820 per ton in January 2024, increasing by 61% against the previous month. Overall, the import price enjoyed a pronounced increase. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 251% m-o-m. As a result, import price reached the peak level of $72,753 per ton. From August 2023 to January 2024, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($87,016 per ton), while the price for China ($49,476 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by South Korea (+22.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Australia (FOB) - 2022
In 2022, the average export price for vitamins; vitamin B2 and its derivatives, unmixeds amounted to $36,615 per ton, shrinking by -53.3% against the previous year. In general, the export price recorded a mild descent. The growth pace was the most rapid in 2021 an increase of 754%. The export price peaked at $84,932 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($55,814 per ton), while the average price for exports to New Zealand ($30,000 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+220.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Australia
In 2022, the amount of vitamins; vitamin B2 and its derivatives, unmixeds imported into Australia surged to 132 tons, jumping by 37% against the year before. In general, total imports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +15.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.1% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 44% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of vitamins; vitamin B2 and its derivatives, unmixeds skyrocketed to $4M in 2022. The total import value increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,227 | 1,555 | 1,709 | 2,288 | 23.1% |
| Germany | 1,371 | 1,101 | 618 | 832 | -15.3% |
| South Korea | 791 | 752 | 684 | 803 | 0.5% |
| Singapore | 1.9 | 16.7 | 17.7 | 27.1 | 142.5% |
| Others | 117 | 112 | 239 | 67.4 | -16.8% |
| Total | 3,508 | 3,536 | 3,267 | 4,018 | 4.6% |
Top Suppliers of Vitamins; Vitamin B2 and Its Derivatives, Unmixed to Australia in 2022:
- Germany (52.0 tons)
- China (43.6 tons)
- South Korea (34.1 tons)
- Singapore (2.0 tons)
Exports of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Australia
In 2022, exports of vitamins; vitamin b2 and its derivatives, unmixeds from Australia skyrocketed to 3.1 tons, rising by 454% against 2021. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 2,651% against the previous year. As a result, the exports attained the peak of 14 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of vitamins; vitamin B2 and its derivatives, unmixeds skyrocketed to $114K in 2022. In general, exports saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 297%. As a result, the exports reached the peak of $132K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Vitamins; Vitamin B2 and Its Derivatives, Unmixed in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| New Zealand | 7.4 | 37.9 | 33.5 | 61.3 | 102.3% |
| China | N/A | 49.0 | N/A | 26.1 | -27.0% |
| Germany | 0.6 | N/A | 0.9 | 20.1 | 222.4% |
| Singapore | 9.6 | 13.8 | 0.1 | N/A | -89.8% |
| Others | 15.7 | 31.5 | 9.4 | 6.3 | -26.2% |
| Total | 33.3 | 132 | 43.9 | 114 | 50.7% |
Top Export Markets for Vitamins; Vitamin B2 and Its Derivatives, Unmixed from Australia in 2022:
- New Zealand (2042.0 kg)
- China (700.0 kg)
- Germany (360.0 kg)
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This report provides an in-depth analysis of the vitamin market in Australia.
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This report provides an in-depth analysis of the global vitamin market.
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This report provides an in-depth analysis of the vitamin market in Australia.
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This report provides an in-depth analysis of the global vitamin market.
256
In November 2022, the vitamin price stood at $2,605 per ton (FOB, Australia), declining by -91.2% against the previous month.
248
Vitamins play a crucial role in maintaining good health and well-being. They are essential nutrients that our bodies need in small amounts to function properly. With the growing awareness of the importance of vitamins, the global demand for vitamin supplements and fortified foods has been on the rise. As a result, several countries have become major import markets for vitamins, enabling people around the world to access these essential nutrients easily. One platform that provides in-depth insights into the global import market for vitamins is IndexBox Market Intelligence. This platform offers comprehensive data and statistics that allow businesses and individuals to stay informed about the latest trends and developments in the industry. The top import markets for vitamins in 2022 are the United States, Netherlands, Germany, Singapore, and France. These countries not only serve as vital import markets for vitamins but also contribute significantly to the global vitamin industry. The demand for vitamins continues to grow as people become more conscious of their health and seek ways to enhance their well-being. The import markets for vitamins have a significant impact on the global vitamin industry, driving the production and trade of vitamin supplements and fortified foods on a global scale. Platforms like IndexBox Market Intelligence offer invaluable data and insights to businesses and individuals seeking to navigate the complex dynamics of the global import market for vitamins. Staying informed about the latest trends and developments allows industry players to make informed decisions and capitalize on emerging opportunities.
383
Global vitamin trade rose by 16% y/y to $7.7B in 2020, driven by the increased demand for immune-boosting drugs during the COVID-19 pandemic. In physical terms, supplies spiked by 18% y/y to 584K tons.
1450
In 2016, the global vitamin imports stood at X tons, lowering by -X% against the previous year figure. Overall, vitamin imports continue to indicate a relatively flat trend pattern. The growth...
862
In 2016, the global vitamin imports stood at X tons, lowering by -X% against the previous year figure. Overall, vitamin imports continue to indicate a relatively flat trend pattern. The growth...
256
In November 2022, the vitamin price stood at $2,605 per ton (FOB, Australia), declining by -91.2% against the previous month.
248
Vitamins play a crucial role in maintaining good health and well-being. They are essential nutrients that our bodies need in small amounts to function properly. With the growing awareness of the importance of vitamins, the global demand for vitamin supplements and fortified foods has been on the rise. As a result, several countries have become major import markets for vitamins, enabling people around the world to access these essential nutrients easily. One platform that provides in-depth insights into the global import market for vitamins is IndexBox Market Intelligence. This platform offers comprehensive data and statistics that allow businesses and individuals to stay informed about the latest trends and developments in the industry. The top import markets for vitamins in 2022 are the United States, Netherlands, Germany, Singapore, and France. These countries not only serve as vital import markets for vitamins but also contribute significantly to the global vitamin industry. The demand for vitamins continues to grow as people become more conscious of their health and seek ways to enhance their well-being. The import markets for vitamins have a significant impact on the global vitamin industry, driving the production and trade of vitamin supplements and fortified foods on a global scale. Platforms like IndexBox Market Intelligence offer invaluable data and insights to businesses and individuals seeking to navigate the complex dynamics of the global import market for vitamins. Staying informed about the latest trends and developments allows industry players to make informed decisions and capitalize on emerging opportunities.
383
Global vitamin trade rose by 16% y/y to $7.7B in 2020, driven by the increased demand for immune-boosting drugs during the COVID-19 pandemic. In physical terms, supplies spiked by 18% y/y to 584K tons.
1450
In 2016, the global vitamin imports stood at X tons, lowering by -X% against the previous year figure. Overall, vitamin imports continue to indicate a relatively flat trend pattern. The growth...
862
In 2016, the global vitamin imports stood at X tons, lowering by -X% against the previous year figure. Overall, vitamin imports continue to indicate a relatively flat trend pattern. The growth...
